2253 S Main St, Central Lake, MI, 49622 | $437/mo Cash Flow

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NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Central Lake at 2253 S Main St, Central Lake, MI, 49622 priced at $412,900 converts $3,160/mo rent into $437/mo cash flow after a $2,021/mo obligation. Total monthly income equals $3,160/mo, and annual cash flow totals $5,245/yr on $136,876 invested. Return on cash invested prints 23.74% in year one, and rental yield reads 9.18% against a $412,900 entry. Equity gained on principal adds $2,664/yr, while 5% annual appreciation compiles into $114,077 by year five. Five-year ROI reaches 123.96% and total cumulative return in cash sums $169,666. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,160/mo property income covering a $2,021/mo payment, not borrower’s personal income.

Single Family

Built in N/A

0.64 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49622, Central Lake, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,880 (100%)
Owner Occupied HU	1,007 (53.6%)
Renter Occupied HU	187 ( 9.9%)
Vacant Housing Units	686 (36.5%)
Median Home Value	$261,634
Average Home Value	$390,742